Fourth largest insurance group in Germany, with a market share of about 6%. Very strong competitive position based on a sustainably very successful bancassurance business model and diverse business mix. Full financial services offering to cooperative banks' clients, while operating in the same retail and small and midsize enterprise target markets as the cooperative banks. Above average growth in life and health insurance and at-market average growth in property and casualty (P&C) insurance in 2013. Current 'AA' capital adequacy expected to weaken to the 'A' range because of further business growth and the profit-transfer agreement with parent DZ BANK AG Deutsche Zentral-Genossenschaftsbank (DZ BANK). Somewhat lower emphasis on bottom-line earnings due to its strategic role within the cooperative banking sector
RESEARCH Summary: R+V Versicherung AG Publication date: 27-Jun-2014 Primary Credit Analyst: Silke Longoni, Frankfurt (49) 69-33-999-195; silke.longoni@standardandpoors.com Secondary Contacts: Ralf Bender, CFA, Frankfurt (49) 69-33-999-194;...
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R+V Versicherung AG – 2015/06/09 – US$ 500.00
Summary: R+V Versicherung AG – 2015/06/09 – US$ 225.00
R+V Versicherung AG – 2016/04/12 – US$ 500.00
Summary: R+V Versicherung AG – 2016/04/12 – US$ 225.00
R+V Versicherung AG – 2016/12/23 – US$ 500.00
R+V Versicherung AG – 2014/06/27 – US$ 500.00
Research Update: R+V Versicherung And KRAVAG-LOGISTIC Ratings Affirmed At 'AA-' After Insurance Criteria Change; Outlook Stable – 2013/06/12 – US$ 225.00
R+V Versicherung AG – 2012/09/05 – US$ 500.00
Research Update: Ratings On R+V Versicherung AG And KRAVAG-LOGISTIC Versicherungs AG Raised To 'AA-' On Parent Upgrade; Outlook Stable – 2011/12/05 – US$ 225.00
R+V Versicherung AG – 2011/09/09 – US$ 500.00
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